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Kenya drops four places in investment attraction ranking

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Business Daily | by Patrick Alushula

Kenya has dropped four places in the index that measures the capacity of countries to attract local and foreign investments, a new report has shown.

The fourth edition of Absa Africa Financial Markets Index 2020 show Kenya lost seven points to score 58 out of 100 points, placing it at the seventh position from last year’s third.

Four countries — Nigeria, Botswana, Namibia and Ghana — leapfrogged Kenya to join South Africa and Mauritius who retained top two positions with 89 and 79 points respectively…

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